The Commonhold and Leasehold Reform Act 2002 provides a right for leaseholders to acquire the landlord’s management functions (The Right to Manage). The right was introduced, not just as a means of taking control from underperforming landlords, or managing agents, but also to empower leaseholders, who hold much of the value in the property, to take responsibility for the management of their block.
Since the Right to Manage Legislation was passed by Government, we have assisted Leaseholder’s throughout the many steps of taking back control of their development.
Once the Right to Manage has been obtained, we then work alongside the Right to Manage status Company to bring the development up to the exacting standards which we set at PPM in accordance with the expectations of the residents.
The prescribed route has been set out for a Right to Manage claim to be successful. Whilst we can assist with the process, we can also recommend specialist partners who are experts in administering RTM claims, meaning you can be sure that we will get it right the first time with no room being left for a counter-claim from the Freeholder. PPM may also assist with the cost of attaining Right to manage in many cases and it would be our pleasure to speak to you about how we can assist your development with the Right to Manage process.
To find out more about RTM eligibility and the prescribed process please contact us. We look forward to hearing from you.